The Motley Fool Discussion Boards
Retirement Discussions / FIRE Wannabees
|Subject: Re: Lost Decade Recap||Date: 12/7/2010 12:06 AM|
|Author: whyohwhyoh||Number: 4907 of 5016|
This decade has been a wild ride... since I was pretty much starting at zero in 2000, I could only go up.
Now in 2010 I have 2 young children (2 and 5), I've gone through 3 promotions from a lowly R&D engineer, to now managing 11 R&D engineers. A little over 2X increase in gross income from 2000 to 2010.
But raising children is expensive... both in private school. And SAHW.
We have a net worth about 4.5X my current annual base salary, so I feel like we've come a long way. If I can keep my job for another 10 years, I should be able to retire in 2020 at age 46. But realistically would keep working until my kids are through undergrad college. 2030? age 56. Maybe taking a pause somewhere in there.
|Copyright 1996-2013 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|